Autonet Insurance, the multi-award winning insurance broker, comments as the European Court of Justice announces the official start date for gender-equal motor insurance policies.
Online PR News – 18-October-2012 – Burslem Stoke on Trent – Stoke-on-Trent, United Kingdom (5th October, 2012) - Autonet Insurance, the multi-award winning insurance broker, comments as the European Court of Justice announces the official start date for gender-equal motor insurance policies.
From 21st December 2012, insurers will no longer be able to use gender as a risk factor in determining insurance premiums.
Currently, women typically pay lower premiums as they are statistically less likely to have an accident than men. BIBA (British Insurance Brokers Association), for example, estimates that male drivers aged under 21 are twice as likely to have an accident as women under 21, and that the average 18-year-old man's claim is £1,700 higher than an 18-year-old woman's.
Accordingly, the current average saving for a woman when compared to a man is approximately £130 per year.
However, as a result of the new 'unisex' car insurance policies, women aged 25 or under - the hardest-hit age group - could face premium hikes of up an extra £600 a year.
Glynn Keeling, Managing Director of Autonet Insurance, commented: "This gender ban is another blow to motoring confidence. The new ruling ignores the gender factor, which helps get a more accurate price for their insurance and this ruling is something the UK insurance industry has been fighting against for the last ten years. We recommend that all motorists, especially women drivers, put a huge effort into shopping around to get the best possible price for their insurance."
For more information on Autonet Insurance's vehicle brokerage services, please visit www.autonetinsurance.co.uk or call 01782 678717.
About Autonet Insurance:
Autonet Insurance Group is a privately-owned company that was established in 1998, growing to be one of the UK's largest van insurance brokers. Autonet Insurance specialises in van insurance, but also provides goods-in-transit, tools insurance, truck cover, bike insurance, and various other vehicle brokerage services. The philosophy at the core of Autonet is to provide a superior professional service to customers and to maintain excellent industry standards.
Autonet Insurance Services Ltd
Nile Street, Burslem
Stoke on Trent, UK
Zip: ST6 2BA
Tel: 01782 678717